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quantitative tool in business

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MAY 2012 QUANTITATIVE TOOLS IN BUSINESS SOLUTION 2From abovemean = 36.5 kg andσ = 11.41 kgInterval with<strong>in</strong> one std deviation of mean= [25.09, 47.91]on the chart, ((41 – 63) = 35) 35 trees…. With<strong>in</strong> x + σ, which is 3552 = 70%SOLUTION 7(a)Let L = {worker comes late}M = {worker is male}P(L/M) = 0.08P(M) = 150 = 0.30500Pr (A male late comer) = P(L∩M)= P(M) P(L/M)= 0.30 x 0.08= 0.24(b)Quarterly Production Levels Matrix:P =Q1 Q2 Q3 Q44000 4500 4500 40002000 2600 2400 22005800 6200 6000 6000ABC(c)Unit Production Costs Matrix:C =A B C100 300 150300 400 250100 200 150Raw materialsLabouroverheadsPage 11 of 12

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